India and Bolivia share a relationship rooted in Non-Aligned Movement solidarity, South–South development cooperation, and growing interest in Bolivia's exceptional mineral resources — particularly lithium, where Bolivia holds the world's largest known reserves in the Salar de Uyuni salt flats. Pharmaceutical exports form the backbone of bilateral trade, while engagement on critical minerals has accelerated as India's battery and electric vehicle industries seek supply-chain diversification. Political ties have warmed across successive Bolivian governments, spanning both the socialist MAS party era under Evo Morales and subsequent administrations.
COOPERATION AREAS
Where India and Bolivia actually work together
4 active areas of cooperation, as of July 2026. Click any card for the full brief.
TRADE & INVESTMENT
By the numbers
Estimates based on UN Comtrade and OEC bilateral data, calendar year 2023. Figures exclude potential future lithium supply agreements.
$250m
Total bilateral trade in goods
$200m
India exports to country
$50m
India imports from country
Trade trajectory · USD bn
$0.25bnin 2023 · click a bar to compare years
TOP TRADED ITEMS
AGREEMENTS & MILESTONES
The relationship since 1961, in 6 dates
CURRENT STATE
Where things stand, 2026
The India-Bolivia relationship is acquiring new strategic relevance driven by Bolivia's lithium reserves and India's EV battery ambitions. The foundational pharmaceutical trade and ITEC cooperation continue. Bolivia's ongoing economic difficulties — including foreign currency shortages, fuel subsidy pressures, and political tensions within the MAS movement — complicate the timeline for concrete lithium agreements, but India remains one of the few non-Western partners Bolivia is actively courting for resource development partnerships.
SIGNALS TO WATCH
On track / positive momentum
In progress / worth watching
Stalled or facing headwinds
Not yet started / unclear
QUICK FACTS
CapitalSucre / La Paz
Population12 million
RegionAmericas
Diplomatic tiesSince 1961
Indian diaspora~2,000
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